Tech Nation to Cease Operations
The UK's Tech Nation is set to close following the loss of its £12.09 million Digital Growth Grant to Barclays Bank. Established by the Cameron...
Acquired.com Appoints Former Stripe and JPMorgan Executive Lee Clifton as COO
Acquired.com has appointed Lee Clifton, formerly Stripe's global head of payments performance and strategy, as its new chief operating officer. In this position, Clifton will...
MAS Initiates New Wave of Asset Tokenization Pilot Programs
The Monetary Authority of Singapore (MAS) is set to launch a new series of asset tokenization pilots in partnership with 17 international banks. This initiative...
Westpac Introduces New Anti-Scam Feature
Australian bank Westpac is implementing an additional security measure for online payments in response to increasing customer losses due to scams. Currently in testing, Westpac...
Greenspark Secures £1 Million in Funding for Climate-Tech Initiatives
Climate-tech startup Greenspark has secured £1 million in seed funding, with Fuel Ventures leading the round. Participants in this funding round include Pitchdrive, 1818 Venture...
Offline CBDC: A Catalyst for Enhanced Financial Inclusion and Privacy
An offline central bank digital currency (CBDC) could serve as a complement to cash, enhancing financial inclusion and safeguarding privacy, according to a recent note...
Trump Meme Coin Plummets as Melania Joins the Spotlight
Incoming US president Donald Trump witnessed a rapid decline in the market capitalization of his newly launched meme coin, $Trump, which saw its value drop...
Egypt’s MNT-Halan Achieves Unicorn Status
Private investing firm Chimera Abu Dhabi has acquired a 20% stake in Egyptian fintech MNT-Halan for $200 million. MNT-Halan is currently negotiating with investors for...
Capital One Customers Experience Service Disruption
Capital One has resolved an issue with a third-party vendor that temporarily prevented some customers from accessing their accounts. Customers began reporting difficulties on Thursday,...
La startup española de gestión de efectivo Snab recauda 1,1 millones de euros.
Snab, a Spanish startup focused on business-to-business payments and cash management, has successfully secured €1.1 million in pre-Seed funding. YCombinator led this funding round, with...